AAAAΔΑΛΑΔΑΔΕΔΔΔΕΛΑΔΑΔΕΔΔΔΔΔΔΔΑΔΕ13After a 4. for- 1 stock split, Perry Enterprisespaid a dividend of $0.90 per new share, whichrepresents a 5%. increase over last year's presplit dividend. What was last year's dividedper shave? Randyour answer to the gearest cont.$1675PE

After splitting the stock the dividend paid will be divided among the total number of split stocks…

After a 4-for- 1 stock split, Perry Enterprises paid a dividend of $0.90 per cew share, which represents a 5%. increase over last year's pre.. split dividend. What was last year's divided. per shave? Rand your answer to the rearest cont. $.

After a 4-for- 1 stock split, Perry Enterprises paid a dividend of $0.90 per cew share, which represents a 5%. increase over last year's pre.. split dividend. What was last year's divided. per shave? Rand your answer to the rearest cont. $.

EBK CONTEMPORARY FINANCIAL MANAGEMENT

14th Edition

ISBN:9781337514835

Author:MOYER

Publisher:MOYER

Chapter15: Dividend Policy

Section: Chapter Questions

Problem 5P

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AAAA
ΔΑΛΑΔΑΔΕΔΔΔΕ
ΛΑΔΑΔΕΔΔΔΔΔΔΔΑΔΕ
13
After a 4. for- 1 stock split, Perry Enterprises
paid a dividend of $0.90 per new share, which
represents a 5%. increase over last year's pre
split dividend. What was last year's divided
per shave? Rand
your answer to the gearest cont.
$
1675
PE

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